Medtronic (MDT) EBT Margin (2014 - 2026)
Medtronic (MDT) posted EBT Margin of 18.7% for Q2 2026, up 20.1% sequentially from 15.57% in Q1 2026, and up 458.0% YoY from 3.35% in Q2 2025.
Medtronic (MDT) EBT Margin (2014 - 2026) Analysis & Trends
Medtronic has reported EBT Margin for 13 years, with the latest figure at 18.7% in Q2 2026.
- Quarterly EBT Margin rose 458.0% year-over-year to 18.7% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 16.88% (up 10.0% YoY) and the FY2026 annual result came in at 16.87%, up 9.0% from the prior year.
- EBT Margin improved to 18.7% in Q2 2026 per MDT's latest filing, from 15.57% in the prior quarter.
- Over five years, EBT Margin peaked at 20.47% in Q1 2022 and troughed at 9.95% in Q2 2024.
- A 5-year average of 16.86% and a median of 17.81% in 2025 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2024: EBT Margin surged 478 bps in 2022, then tumbled 820 bps in 2024.
- Over 5 years, EBT Margin stood at 18.39% in 2022, then decreased by 11 bps to 16.45% in 2023, then rose by 13 bps to 18.55% in 2024, then dropped by 4 bps to 17.82% in 2025, then rose by 5 bps to 18.7% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 18.7%, 15.57%, and 17.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.08 Bn | 194.48 Bn | 7.27 Bn | 12.10% |
| 2 | Stryker | 129.71 Bn | 126.23 Bn | 4.50 Bn | 23.74% |
| 3 | Medtronic | 120.07 Bn | 110.85 Bn | 6.41 Bn | 18.70% |
| 4 | Boston Scientific | 74.08 Bn | 73.54 Bn | 3.85 Bn | 19.48% |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 29.86% |
| 6 | Dexcom | 34.51 Bn | 32.56 Bn | 830.00 Mn | 24.27% |
| 7 | GE HealthCare Technologies | 34.03 Bn | 31.92 Bn | 2.18 Bn | 13.09% |
| 8 | Koninklijke Philips | 26.51 Bn | 23.19 Bn | 4.55 Bn | 8.91% |
| 9 | Steris | 23.20 Bn | 22.72 Bn | 684.20 Mn | 18.32% |
| 10 | Zimmer Biomet Holdings | 19.37 Bn | 18.96 Bn | 1.54 Bn | 11.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 18.70% |
| Jan 23, 2026 | 15.57% |
| Oct 24, 2025 | 17.82% |
| Jul 25, 2025 | 15.18% |
| Apr 25, 2025 | 14.13% |
| Jan 24, 2025 | 18.57% |
| Oct 25, 2024 | 18.55% |
| Jul 26, 2024 | 16.02% |
| Apr 26, 2024 | 9.95% |
| Jan 26, 2024 | 18.20% |
| Oct 27, 2023 | 16.45% |
| Jul 28, 2023 | 15.53% |
| Apr 28, 2023 | 18.15% |
| Jan 27, 2023 | 17.79% |
| Oct 28, 2022 | 18.39% |
| Jul 29, 2022 | 14.16% |
| Apr 29, 2022 | 19.80% |
| Jan 28, 2022 | 20.47% |
| Oct 29, 2021 | 19.03% |
| Jul 30, 2021 | 10.43% |